Project PAI Debuts in London Blockchain Scene September 27, 2018 The growing maturity of the crypto market, and bitcoin in particular, has London investors finally ready to wade into cryptocurrency pool. This rise in confidence means many popular cryptocurrency projects are now entering the London market. Recently, one such international blockchain – Project PAI, held their launch event in the heart of London’s financial [...]
Automation and AI are leading the UK into a new industrial age September 27, 2018 Last year, the government’s Made Smarter Review set out how digital technologies can transform UK manufacturing by 2030. Receiving contributions from more than 200 organisations, the review spelled out how technologies like automation, artificial intelligence (AI), virtual reality, and additive manufacturing could help Britain lead the fourth industrial revolution, raising productivity, creating new, better-paid jobs, [...]
Darktrace lands $50m in series E funding, boosting its valuation to $1.65bn September 27, 2018 Homegrown cyber security success story Darktrace will today announce the close of its series E funding round to the tune of $50m (£38m), raising its valuation to $1.65bn. The round was led by Vitruvian Partners, with participation from existing investors KKR and 1011 Ventures. The funding will be used to fuel international expansion and [...]
We are veering towards a Brexit brain drain – it’s time for brands to shake things up September 26, 2018 There is a lack of innovation among British businesses; this was a problem highlighted in our latest research. It’s also a problem which threatens the future of UK businesses outside of the EU bloc, potentially hindering our ability to attract and retain talent. Fast-growing economies such as China, Indonesia, India, the US, and Germany [...]
Patchy regulation prevents the world from reaping the full benefits of the markets September 25, 2018 Ten years ago today, the world woke to the news that yet another bank had collapsed. Washington Mutual was the latest casualty in what became the worst financial crisis since the Great Depression. Those events have cast a long shadow. Governments, businesses, and households have had to tackle the legacy of that crisis. As [...]
EY-backed London marine insurtech Concirrus raises £5m September 25, 2018 London insurance technology startup Concirrus today closed a further £5m fundraising effort from deeptech investor IQ Capital and EOS Venture Partners, taking its total amount raised to date to £12m. The news comes after the firm signed a global deal with Big Four accountancy firm EY in April earlier this year, pushing Concirrus’ disruptive machine [...]
Opinion: How do you know when you’ve got a terrible property managing agent and what do you need to do about it? September 24, 2018 It’s fewer than 100 days until Christmas so now’s the time to ask Santa to bring you better estate managers for 2019. The process of changing agents tends to take at least three months, which is a long time to put up with under-performance but if you start now, you and your neighbours could start [...]
DEBATE: Could Donald Trump’s trade war be a positive force in reining in Chinese dominance? September 24, 2018 Could Donald Trump’s trade war be a positive force in reining in Chinese dominance? Alastair Benn, news editor of Reaction, says YES. Two centuries ago, the world experienced something historians call “the Great Divergence”. Pre-nineteenth century, America, Europe, China, and India formed an equilibrium at the heart of the global economy, taking up roughly [...]
Artificial Intelligence will take your job, and that’s no bad thing September 21, 2018 Earlier this week, a report from the World Economic Forum predicted that robots, automation and artificial intelligence (AI) will create 58m more jobs than it displaces. Good news, perhaps, but still, it could be your job that gets displaced. Without doubt, AI will take over the vast majority of process-driven work within the next 15 [...]
Artificial Intelligence will take your job, and that’s no bad thing September 21, 2018 Earlier this week, a report from the World Economic Forum predicted that robots, automation and artificial intelligence (AI) will create 58m more jobs than it displaces. Good news, perhaps, but still, it could be your job that gets displaced. Without doubt, AI will take over the vast majority of process-driven work within the next 15 [...]